Thursday , 9 January 2025

Forex

Forex

PBoC sets USD/CNY reference rate at 7.1004 vs. 7.0942 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1004 as compared to...

Forex

USD/CAD trades on a weaker note above the 1.3500 mark, eyes on Canadian Retail Sales data

The USD/CAD pair trades on a weaker note above the 1.3500 mark during the early Asian trading hours on Friday.

Forex

PBOC sets USD/ CNY reference rate for today at 7.1004 (vs. estimate at 7.2147 )

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...

Forex

Japan’s Suzuki will watch foreign exchange moves with a high sense of urgency

Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Friday.

Forex

Japan finance minister Suzuki verbal intervention again

Japan finance minister Suzuki with light intervention comments, really light on stuff. This isn't going to scare anyone: BOJ’s decision to change policy...

Forex

Vitol is seeing increased demand for oil from shipping and also from aviation

A couple of pieces with remarks from Vitol. Vitol is the world's biggest independent oil trader.CEO Russell Hardy said that the shipping sector...

Forex

PBOC is expected to set the USD/CNY reference rate at 7.2147 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for...

Forex

UK data – GfK Consumer Confidence for March -21 (vs. expected -19 & prior -21)

GfK client strategy director Joe Staton remarks on the latest data:"The improved personal finance measure ... is encouraging because it’s the first positive...

Forex

EUR/USD hovers around 1.0860 ahead of Fed’s Powell speech

The EUR/USD pair retreats to the 1.0860 area during the early Asian trading hours on Friday.

Forex

United Kingdom GfK Consumer Confidence below expectations (-19) in March: Actual (-21)

United Kingdom GfK Consumer Confidence below expectations (-19) in March: Actual (-21)